My Dad Always Said, “Buy on Bad News…” Why Now Might Really Be the Time

Buyers waiting on the sidelines

My Dad was a stockbroker and has always said, “Buy on bad news, sell on good news.”  Over the years he’s made great money with that strategy.  As soon as everyone wants to buy – he’s out. I’m not sure the philosophy ought to be much different in the housing market.  Yet the fear, the [...]

Capo’s Teacher’s Reinstated – But It’s Not All Good News

school

This has been a hot topic around the Capo Unified School District (and I’m sure all over the state), but today specifically, I’m bugged. I was at my 2nd graders Ancestor Day at school (BTW – he fainted during the performance – poor little guy), but I was speaking with his teacher afterwards about the [...]

FHA is a Major Player in Lending Again – And We’re Not Ready!

16 Via Garceta

It was not long ago, lending was easy, too easy. Did you need money?  No.  Did you need assests?  No.  Did you even need to prove you had income?  No.  So why do an FHA loan?  We didn’t. Times have changed and there are limited options for first time buyers that aren’t coming away with a [...]

When Will this Orange County Real Estate Market Improve?

Charting the Orange County Real Estate Market

Isn’t this the million dollar question!  People talk about it, speculate over it, study it, and try to make buying and selling decisions based on all of it.  So when will the Orange County real estate market improve? I thought we’d be in this condition at least until Spring of ’09, because historically election years are [...]